Delay in salaries due to a technical issue at the European Central Bank.
Many employees were surprised on the last day of the month when their salaries did not arrive in their bank accounts, but there is no need to worry, as the reason is not a delay from the employer, but rather technical issues at the European Central Bank (ECB).
Problem details: Local transfers were delayed by one day, but transactions will be completed on Friday, as confirmed by Erste Bank. The outage also affected pension payments, and customers are asked to avoid excessive communication with banks to alleviate pressure. The cause is attributed to a technical malfunction in the Target 2 and T2S transaction systems, which are responsible for large financial transfers and the transfer of securities.
No cyber attack The European Central Bank confirmed that the issue was not the result of a cyber attack, but rather a technical malfunction that caused some graphical interfaces in the financial processing system to fail. The systems were rebooted on Thursday evening, meaning that all pending payments will be processed soon.